Lawyers for Singaporean ministers alleged 'unprecedented malice' by Bloomberg in a defamation lawsuit concerning an article about property purchases. They are seeking significant damages.

Financial news outlet Bloomberg harboured “unprecedented” malice in the publication and handling of an article about the purchase of good class bungalows in Singapore, lawyers for two Singaporean cabinet ministers alleged on Friday during closing statements in a defamation lawsuit. Senior counsel Davinder Singh said the case was unprecedented in terms of ill intent and aggravation, seeking damages exceeding those against The Online Citizen chief editor Terry Xu, who was ordered to pay S$574,000....